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Roku (ROKU) stock fell more than 17% on Thursday after the company’s fourth-quarter outlook was disappointing, even though the media player reported $1 billion in first-quarter revenue. For the current quarter, the company expects gross profit to reach $465 million and adjusted EBITDA to be $30 million. Both measures were below Wall Street’s expectations for gross profit of $477 million and adjusted EBITDA of $36.2 million. The company also said it will stop reporting streaming households as a key performance indicator, echoing a similar move by streaming giant Netflix (NFLX) to stop reporting subscriber numbers early next year. Instead, Roku…
Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe that all content is accurate as of the date of publication, certain offers mentioned may not be currently available. The XRP Ledger (XRPL) is rapidly evolving, and one of its core modifications is to run on-chain.…
In a volatile week for the memecoin market, Dogecoin (DOGE) and Pepe (PEPE) have shown promising upward momentum. Dogecoin has already recorded a daily increase of over 6%, as Pepe has recorded a spike of over 17% in daily trading volume. Amid this renewed interest, Cutushi’s ongoing presale also witnessed massive adoption, recording over $600,000 in presale revenue. With the main goal of promoting DeFi adoption through its own ecosystem, CUTO’s price is expected to reach the $1 level in 2025. Cutushi’s DEX Innovation Reaps Huge Presale Profits Unlike most touted meme coins that have no utility functions, Cutushi, an…
Macro guru Raul Pal says if Solana (SOL) regains significant levels, it could signal that the broader crypto market has entered the most explosive phase of the cycle. That’s what I think. Real Vision’s CEO tells his 1 million followers on social media platform “We are looking for final confirmation from others as BTC is well above $70,000. SOL is above $185.” Source: Raul Pal/X Pal says that a major cryptocurrency uptrend could soon begin as SOL and other digital assets appear to be showing a breakout pattern. “Hopefully we can break through all these levels and get on with…
Toncoin is seeing a growth in its user base, with recent data showing a surge in TON holders, potentially allowing the network to surpass Ethereum in user adoption. Although the token has seen a notable increase in holders, profitability remains a concern, and the asset’s market performance in the coming weeks will largely depend on its ability to overcome technical resistance levels. Toncoin was launched in 2018 by the popular messaging app Telegram and has since seen its value and market adoption skyrocket on the open network. The significant increase in user base suggests that Toncoin could eventually surpass Ethereum…
In a bold but unsurprising move, MicroStrategy Inc. MSTR CEO Michael Saylor said the company advocates Bitcoin BTC/USD as a treasury reserve asset across global finance. What Happened: During the company’s third-quarter earnings call on Tuesday, Saylor expressed confidence that Bitcoin has the potential to correct unhealthy balance sheets of both public and private companies. “Bitcoin will fix the balance sheet. It will bring your stocks back to life. It will bring your options back to life. It will bring volatility,” Saylor said. Saylor said he speaks regularly with executives from public and private companies and highlighted initiatives such as…
Blockchain in the growth of energy utility market“The Business Research Company recently published a comprehensive report on the global Blockchain in Energy Utilities market size and trend analysis with forecast from 2024 to 2033. This latest market research report It covers market size, regional share, as well as current trends, future opportunities, and key data to succeed in the industry.Ready to dive into something exciting? Get a free exclusive sample of our research report @https://www.thebusinessresearchcompany.com/sample.aspx?id=16361&type=smpAccording to The Business Research Company, the market size of blockchain in energy utilities has grown rapidly in recent years. It is expected to grow from…
Smart investors are looking for the next promising asset to drive returns. During this time, two names, Pepe and Cutushi, have been included in the Ethereum bull watch list. These meme coins have gained attention due to their unique stories, vibrant communities, and huge profit potential. Katsi, in particular, is making new profits as investors flock to pre-sales.PEPE attracts Ethereum bullsPepecoin has become an interesting option for Ethereum bulls looking to diversify their holdings. While it started as a humorous addition to the meme coin trend, Pepe has gained a significant community of supporters who actively promote it, creating liquidity…
Brad Garlinghouse and Chris Larsen seek to have their XRP claims dismissed by hiring lawyers, but the SEC has given the Second Circuit a January 2025 deadline for key briefs in the appeal process. The request was made for the 15th. The SEC recently filed an appeal against Garlinghouse and Larsen, including charges of securities law violations. In the ongoing legal battle between Ripple Institute and the U.S. Securities and Exchange Commission (SEC), Ripple executives Brad Garlinghouse and Chris Larsen have taken strategic steps to dismiss the SEC’s claims against Ripple. Ta. The legal dispute between Ripple and the SEC…
Meme coins may be gearing up for their biggest rally in years. Some analysts even predict that Dogecoin and Popcat could hit new highs if Trump wins next week. Even new projects like Flockerz are gaining traction as traders look for the next explosive meme coin ahead of Election Day. Top analysts think DOGE and POPCAT could rise after Trump win Crypto Twitter celebrities are betting on meme coins ahead of next week’s election. And they’re especially fussed about Dogecoin and Popcat. Trading guru @0xUnihax0r has been making headlines with his prediction that DOGE could increase by 7x if Trump…